News / Taiwan / economic_daily
TSRC Profit Jumps Tenfold as Transformation Strategy Pays Off
Process Industries · Chemicals: Specialty · economic_daily · 2026-11-08
2103
TSRC reports a tenfold increase in profit for the first three quarters, driven by a shift toward high-value materials and optimized product portfolios.
What Happened
Profit Surge: TSRC's transformation strategy has yielded significant results, with net profit for the first three quarters reaching NT$2.082 billion and an EPS of NT$2.52. This performance marks a massive year-over-year improvement, with October revenue also climbing over 30%.
Product Optimization: The company is focusing on high-value products, including next-generation high-performance tire materials (SSBR) and medical-grade elastomers. These high-barrier products help reduce reliance on traditional petrochemical cycles and improve earnings stability.
Growth Engines: TSRC has identified high-performance tire materials, medical-grade elastomers, and new production capacity as its three core growth drivers. The company is particularly focused on SSBR for electric vehicles and green tires, alongside high-margin medical materials.
Sustainability Focus: To meet global decarbonization trends, TSRC has launched recycled thermoplastic elastomers (rTPE). This initiative lowers carbon footprints and helps the company capture demand for circular materials from international brands, strengthening its competitive edge.
Read original
More in Process Industries
Process Industries · economic_daily · 2026-11-09
Taiwanese fiberglass fabric manufacturers, including TAI GLASS and Nan Ya Plastics, hit daily limits as AI server demand fuels a strong market rally.
1303, 1802, 1815, 5340, 5475
Process Industries · economic_daily · 2026-11-06
Formosa Plastics Group posted a 23.2% year-on-year revenue growth for the first ten months, with Nan Ya achieving a 55-month high driven by strong electronic material demand.
1301, 1303, 1326, 6505
Process Industries · economic_daily · 2026-11-06
Material-KY posted a 33% year-over-year revenue increase for October and continues to advance its acquisition of Cerdia Holding to expand its global manufacturing footprint.
4763
Latest in Taiwan
Electronic Technology · economic_daily · 2026-11-09
Taiwan stocks rebounded sharply as memory chip manufacturers led the charge, with seven stocks hitting the daily limit. While foreign investors have begun bargain-hunting, industry leaders are cautioning that rising prices and future capital expenditure constraints could dampen long-term demand.
2330, 2337, 2344, 2408, 3006, 5351, 6239, 6770, 8299
Electronic Technology · economic_daily · 2026-11-09
Taiwan stocks staged a massive rebound as the National Stabilization Fund intervened, but analysts warn investors to avoid chasing the rally amid political uncertainty.
Electronic Technology · economic_daily · 2026-11-09
Taiwan stocks rallied significantly, reclaiming the 40,000-point mark as government intervention and positive sentiment from US markets bolstered investor confidence.
2330
Technology Services · economic_daily · 2026-11-09
KKCompany-KY reported a 30.8% year-over-year revenue increase for October, fueled by the success of its KKBOX fan engagement platform and strategic synergies.
6950